Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judges appear inclined to allow Anywhere copycat settlement to proceed Two federal judges last week denied a series of requests from the Batton plaintiffs—including a motion to intervene in the Tuccori case, a…
Two federal judges this week appeared inclined to let a parallel homebuyer antitrust case against several brokerages move toward settlement, mostly denying plaintiffs who have fought to block or consolidate the competing litigation. The controversy came after Anywhere Real Estate struck a $9.6 million settlement in a copycat case that lawyers in the original and…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. After defeat in Zillow injunction, Compass wants judge to distinguish MLS power In two major legal battles over private listings, Compass is seemingly seeking to draw a distinction between listing service market power…
Plaintiffs in the largest buyer commission case (known as Batton) filed a motion to intervene Monday in a smaller commission case, Tuccori v. At World Properties, seeking to block preliminary approval of a proposed opt-in settlement by Anywhere Real Estate (a defendant in Batton) that they say would extinguish five years of homebuyer antitrust litigation…
When the Compass-Anywhere deal closed in early January with little fanfare—only three months after it was announced—there were at least some raised eyebrows. A deal of that magnitude often elicits significant regulatory scrutiny, with multiple federal agencies given a chance over the course of months to examine how a merger will affect markets or whether…
As Compass moves forward following the closing of its industry-shaking acquisition of Anywhere, the brokerage’s founder and CEO announced that Neda Navab, his former chief of staff and most recently leader of brokerage operations, has been appointed the new president of Compass Real Estate. With the company reorganizing to absorb Anywhere and Reffkin taking the…
Ryan Schneider, the CEO who guided Anywhere Real Estate through significant industry challenges and strategic repositioning, has departed the company per an agreement set as part of its acquisition by Compass in January. The move was not publicly announced by Anywhere, but Schneider updated his LinkedIn profile to reflect his January exit. Anywhere’s chief technology…
On January 9, the residential real estate industry was rocked by the early closing of the Compass/Anywhere merger, a deal announced in September of 2025 and not expected to close until the end of this year. While speculation continues regarding just how the mega acquisition managed to close so quickly—catching even Anywhere executives and top…
The proposed deal for Compass to acquire Anywhere was almost certain to draw regulatory scrutiny from the beginning, due to the size and nature of the deal—nearly doubling the size of the company and consolidating somewhere around 500,000 annual transactions and 100,000 agents under one roof. What that scrutiny might look like became more clear…
In its first financial report since being acquired by Compass in September, Anywhere Real Estate, in a Nov. 4 Q3 earnings call, showed $1.6 billion in revenue—a 6% increase from the previous year. The company said it is focused on achieving $100 million in cost savings for 2025 and has already identified all necessary savings.…
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